Business
New police museum in East Perth to cost $14.5m
The WA Police Force has flagged a multi-million-dollar plan to redevelop the old East Perth lockup into a museum.
An application lodged with DevelopmentWA shows a proposal to demolish the western side of the East Perth building and reuse the eastern portion for a museum and café.
The building on Adelaide Terrace was a corrective institution that has been unoccupied since 2013.
Partial demolition and adaptive reuse of the building will cost about $14.5 million, according to the development application.
The application also shows other options WAPOL has explored, including a $39 million plan to retain the existing building and undergo remediation works.
A WA Police spokesperson told Business News a not-for-profit entity has been set up to operate the museum, while the police force retains ownership.
The spokesperson said WAPOL forecasts the museum to be partially open by March 2027, to coincide with the World Police and Fire Games in Perth.
If approved and built, the WA Police Museum in East Perth will replace the existing exhibition in Highgate.
“The current museum volunteer Historical Society facility in Highgate is undersized, technologically outdated, and lacks adequate teaching, learning, and storage facilities,” the application read.
“It is also unable to properly display or preserve the artefacts and exhibits currently in [Western Australia Police Force’s] possession.
“Although the WAPOL Historical Society operates independently, the new museum will provide a dedicated public facility to showcase WA Police history and heritage, integrating the historical society’s collection with WAPF’s own under the direction of a newly appointed WAPF museum curator.”
The application said the proposed museum would be a catalyst for the future growth and expansion of the police force’s collection and public outreach programs.
“The proposal is supported by an extensive building program of structural repairs, including the building’s concrete frame, roof, and services infrastructure,” the document read.
‘As noted in the engineering report, the eastern portion of the building, while in disrepair, remains structurally viable, whereas the western portion is beyond repair within foreseeable financial capacity.”
Business
More than 180 survivors engaged in Harrods abuse redress scheme
The late Mohamed Al Fayed has been accused of sexual harassment during his time as owner.
Business
Paramount Tries to Outbid Netflix for Warner Bros With Extra Cash Incentives
Paramount Skydance has boosted its bid for Warner Bros Discovery by offering shareholders extra cash if the deal drags beyond 2026 and agreeing to cover Netflix’s breakup fee if Warner Bros walks away.
The move is the latest in Paramount’s ongoing battle with Netflix for the Hollywood studio’s prized film and TV assets.
The new incentives include a 25-cent-per-share “ticking fee,” worth about $650 million per quarter from early 2027 until the deal closes.
According to CNA, Paramount has not increased its $30-per-share offer, totaling $108.4 billion including debt, but pledged to fund the $2.8 billion termination fee Warner Bros would owe Netflix if their $82.7 billion merger collapses.
Both Netflix and Paramount covet Warner Bros for its blockbuster franchises, including “Game of Thrones,” “Harry Potter,” and DC Comics superheroes like Batman and Superman.
Paramount, which owns CBS, would also acquire Warner Bros’ television networks, including CNN and TNT, which are expected to spin off into a separately traded company, Discovery Global.
Paramount CEO David Ellison said, “We are making meaningful enhancements – backing this offer with billions of dollars, providing shareholders with certainty in value, a clear regulatory path, and protection against market volatility.”
The company has also raised Ellison’s personal guarantee to $43.3 billion and secured $54 billion in debt financing from Bank of America, Citigroup, and Apollo.
Paramount’s Desperate Warner Bros Bid $650M Quarterly “Bribes” to Kill the Deal?
Paramount is throwing everything to block Warner Bros from merging with them.
They now promise $650 million every quarter to WB shareholders if the deal doesn’t close by end of 2026.Plus they’ll… https://t.co/FhbIAK4Bgv pic.twitter.com/cjmB13pcfc
— PolymarketSuccubus (@polymarketsuc) February 10, 2026
Warner Bros Board Reviews Paramount Offer
Despite the sweetened offer, analysts say Paramount may struggle to win over Warner Bros shareholders.
Ross Benes, senior analyst at Emarketer, called the move “throwing spaghetti at the wall and hoping something sticks,” noting that Paramount’s best chance may come from regulatory hurdles blocking Netflix.
Activist investor Ancora Holdings, which owns roughly $200 million in Warner Bros shares, has expressed opposition to the Netflix deal and could push for Paramount if the board fails to secure a better offer, Reuters reported.
Warner Bros said its board will review the updated offer but maintains support for Netflix’s merger.
Paramount has also addressed other concerns by offering to backstop Warner Bros’ planned debt exchange and certifying compliance with US antitrust regulators.
It is in talks with regulators in the US, EU, and UK and has secured foreign investment approval in Germany.
Netflix’s $82.7 billion all-cash offer remains in place. Gaining Warner Bros’ assets could give Netflix cultural and streaming power, with nearly half a billion subscribers worldwide. A Warner Bros shareholder vote on the Netflix deal is expected by April.
Originally published on vcpost.com
Business
Banca Generali stock falls despite beating Q4 profit expectations

Banca Generali stock falls despite beating Q4 profit expectations
Business
Riskified: Pivoting Toward Profitability Amidst Upcoming Macro Headwinds
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Opinion: ‘Job ready’ comes with an asterisk
OPINION: Getting the best out of graduates in the workplace requires patience.
Business
Thailand’s Transit Trade Reaches Record High of 1.04 Trillion Baht in 2025
In 2025, Thailand’s border and transit trade reached 1.93 trillion baht, growing 6.7%. Transit trade surged 24.4%, driven by exports like durian and hard drives, despite slower border trade. Six trade fairs are planned for 2026.
Key Points
- In 2025, border and transit trade reached 1.93 trillion baht, a 6.7% rise from the previous year, aiding the growth of the border economy. Trade with neighboring countries amounted to 894.19 billion baht, while transit trade soared by 24.4% to 1.04 trillion baht, with China as the top destination.
- Major exports included fresh durian, hard disk drives, and rubber. However, border trade slowed in the latter half of the year due to issues at the Thai-Cambodian border and Myanmar’s import restrictions. Nonetheless, robust transit trade sustained overall growth.
- Looking forward, the Department of Foreign Trade plans to host six border trade fairs across different provinces in fiscal year 2026. These events will enable entrepreneurs to showcase products, engage in business matching, and expand trade channels, further supporting border economic activity.
The Department of Foreign Trade reported that border and transit trade in 2025 totaled 1.93 trillion baht, a 6.7 percent increase from the previous year and supporting continued growth in the border economy.
The department reported that trade with four neighboring countries reached 894.19 billion baht, while transit trade to third countries totaled 1.04 trillion baht. Transit trade grew by 24.4 percent, the highest on record.
China remained Thailand’s largest transit trade destination at 608 billion baht, followed by Singapore and Vietnam. Major exports included fresh durian, hard disk drives, and rubber.
The department noted that border trade slowed in the second half of the year due to the Thai–Cambodian border situation and Myanmar’s import controls. However, strong transit trade remained a key driver, allowing overall trade to maintain solid growth.
Looking ahead, the Department of Foreign Trade will organize six border trade fairs in six provinces during fiscal year 2026. These events will provide entrepreneurs with free opportunities to showcase products, participate in business matching, and expand trade channels, supporting border economic activity and strengthening alternative markets.
Source : Thailand’s Transit Trade Hits Record 1.04 Trillion Baht in 2025
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Business
Food Ministers Push for Mandatory Nutrition Labels on All Packaged Food Products

Australia’s food ministers are expected to take a step closer to making nutrition labels, specifically the Health Star Rating System, mandatory for all packaged food products in the country.
Australia’s Food Ministers Push for Mandatory Nutrition Labels
According to a report by ABC News, the federal government, as well as five other states or territories, have said that they will be in favour of asking the food regulator to develop a formal proposal on how to mandate the Health Star Rating System.
A final decision will be made in around 12 months.
Federal Assistant Health Minister Rebecca White has claimed that the food industry did not meet its target of voluntarily applying the Health Star Rating labels to 70 per cent of packaged food and drink products. The target deadline was November 2025.
“What the data shows is we’ve only reached about 37 per cent take-up here in Australia,” said White. “That is well below what is expected.”
What Is the Health Star Rating System?
The Health Star Ratings are used to gauge the nutritional profile of packaged food. According to its official website, ratings range from 1/2 to five stars.
This means that the more stars you see on the packaging of the food item, the healthier it is.
Food manufacturers themselves are tasked with calculating the Health Star Rating for each product. The rating should then be displayed on the front packaging of food items.
The number of stars is usually based on the following:
- Total energy (kilojoules)
- Saturated fat, sodium (salt) and sugar content
- Fibre, protein, fruit, vegetable, nut and legume content
Business
Solstice Advanced Materials misses Q4 earnings expectations

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King Charles III ‘Ready to Support’ Investigation Into Former Prince Andrew Over Epstein Links

Buckingham Palace has released a statement regarding King Charles III’s sentiments over the newest allegations against the former Prince Andrew.
The former prince, who now goes by the name Andrew Mountbatten-Windsor, has been accused of passing confidential reports to the late sex offender Jeffrey Epstein while the former worked as a British trade envoy.
King Charles ‘Ready to Support’ Investigation
The Thames Valley Police has confirmed that it is assessing the new allegations against Andrew Mountbatten-Windsor, according to a report by People.
In response, the Buckingham Palace released a statement that says, “The King has made clear, in words and through unprecedented actions, his profound concern at allegations which continue to come to light in respect of Mr. Mountbatten-Windsor’s conduct.”
“While the specific claims in question are for Mr. Mountbatten-Windsor to address, if we are approached by Thames Valley Police, we stand ready to support them as you would expect, the statement added.
Buckingham Palace’s statement also reiterates that “Their Majesties’ thoughts and sympathies have been, and remain with, the victims of any and all forms of abuse.”
William, Catherine Address Andrew’s Epstein Issues
William and Catherine, the Prince and Princess of Wales, have also broken their silence regarding the controversy surrounding Andrew Mountbatten-Windsor.
According to a report by ABC News, a spokesperson for Kensington Palace said that “I can confirm The Prince and Princess have been deeply concerned by the continuing revelations.”
“Their thoughts remain focused on the victims,” the spokesperson added.
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